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Charles Schwab Plans to Add Solana, Avalanche, Chainlink Trading

Charles Schwab is reportedly planning to offer trading in Solana, Avalanche, and Chainlink to its clients, marking a significant expansion of crypto services by a major traditional brokerage. This move underscores the growing institutional adoption of digital assets.

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AI take

The move signals a broadening of mainstream brokerage access beyond Bitcoin and Ethereum, potentially normalizing altcoin exposure for a more traditional investor base. It matters because Schwab's clientele skews conservative, and adding these assets could indicate sustained institutional demand for a wider crypto basket. The open question is whether other large brokerages follow suit, which would further blur the line between legacy finance and digital asset markets.

Generated by AI for reference only.

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